Condos with Automated Parking approved for FHA loans

Axis San Francisco, a boutique collection of 26 luxury condominiums for sale located in Downtown San Francisco on the south-east corner of Bush and Larkin, is now approved for FHA lending. FHA loans allow buyers to purchase a new luxury condo with as little as 3.5% down. This, coupled with interest rates at historic lows, […]

Paranoia-Free Parking – 3 Years and All Good

If you’ve ever had the dubious pleasure of being a monthly customer at a New York City parking garage, you’re probably aware that the price—approximately that of a roomy one-bedroom in any other metropolitan area—is only the start-up cost. You’ve also got to suffer the opprobrium of the attendants if you give them less than […]

The parking robots are coming.

Over the past decade, automated parking systems have become quite common in Europe and Asia, where land use constraints are tighter and many areas more congested than the US. The number of automobiles produced worldwide may actually be on the decline, but we still crank out over 50 million cars each year. Along with the new trend of […]

Meet 1706 Rittenhouse’s Robot Garage

Inquirer real estate reporter Alan Heavens takes a look at 1706 Rittenhouse Square Street‘s Jetsons-like automated parking system.Heavens writes that after a resident drives his car onto a pallet in the building, “the system takes the car and its pallet automatically to the nearest empty space on one of four levels below. On the way […]

How Mechanization Can Help Cities Rethink Parking

Unsightly and space-consuming, parking is nonetheless a key component for most urban development. But the rise in innovative parking solutions and mechanization technologies is poised to transform the parking garage from an eyesore into a cohesive element in any sustainable, walkable and livable project. The parking garage is a frequently contentious and often maligned building […]